After listening to over 100 Nathan Latka Podcasts, observing 200 Indiehacker podcasts and watching 50 Microconf talks AND recording 80 episodes myself.
Here's what I've observed:
Over 70% of founders credited SEO for being their best source of growth. Invest into ASAP and build up that MOAT.
FB / Social Media
Its a hit or miss. Don't waste time curating the perfect Ad or post. Tim Doyle of Eucalyptus shared that his most profitable Ad was not some high quality video but rather a Doge meme.
Velocity is everything
When building companies you NEED to move fast, there is no alternative to it.
Product led growth is the BEST type, its natural and doesn't feel forced.
This is probably just as much if not more important than the content or product itself. Build with distribution in mind, articles / SEO or products.
NO ONE wants to use an MVP - stop using that mindset. Literally no one other than your Mum/Dad will use a "minimum" "viable" thing you build. Its 2020, the whole patchy product cycle doesn't exist. Aim for Simple, Loveable and Complete (or what I call Minimal Product for Impact) Introduce simple features that meet your north star and make sure they're complete.
Learn to master this, its a great skillset to have in building a company and distributing content.
Before you build a feature, literally build a simple landing page, run some GAds to it for lifetime deals (this doesn't work always, but for some apps).
Build every channel possible to communicate with your user as often as possible for as long as possible.
No CC No Bueno
UNTIL someone gives you their CC, you don't have validation. Do not take anything else as validation other than their CC.
Before you start, set a goal to hit, if you don't hit that goal, be quick to reflect. Build more or move on Last but the MOST important.
Almost 90% of all the "Super successful" founders attributed having a previous built audience as their reason for success. They built this audience through, podcasts, blogs, Youtube, Tiktok or even Newsletters. BUILD. AN. AUDIENCE. You have a higher chance of succeeding with a shit product and a large audience than vice versa For those that are keen.
All the best peeps!
Vaibhav has built several startups into Million Dollar businesses serving Millions of customers across the globe via five2one. He's commonly found on stage talking about AI/ML or Product engineering whilst building his 2nd startup cenario.